Holy crap…look what the Fed’s done with the money supply

| January 24, 2009

Pardon my French, but everything else that came to mind was even more profane. Courtesy of The Corner at National Review Online comes the link to this chart showing how the Fed has pumped up the money supply lately:

That little tiny blip around 2000 is apparently when the Fed “flooded” the money supply in anticipation of Y2K. Pikers back then, it appears.  ..bruce w..

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Category: Economics, Main, Recession Watch, US Politics

About the Author ()

Webster is Principal and Founder at Bruce F. Webster & Associates, as well as an Adjunct Professor of Computer Science at Brigham Young University. He works with organizations to help them with troubled or failed information technology (IT) projects. He has also worked in several dozen legal cases as a consultant and as a testifying expert, both in the United States and Japan. He can be reached at bwebster@bfwa.com, or you can follow him on Twitter as @bfwebster.